Water Views
Address
618 S Coast Laguna Beach, CA
Price
$ 4,780,000
Property Attributes
  • MLS#OC20188062
  • TypeIncome
  • CountyORANGE
  • CityLaguna Beach
  • AreaLaguna Village
  • NeighborhoodThe Village
  • Zip92651
  • Style
  • Price$ 4,780,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4005
  • Lot Size5,737 SqFt
Listing Provided Courtesy Of:
John Gessford with First Team Estates.
Property Description

This is a trophy property walking distance to the beach and downtown "The Village" in Laguna Beach. Excellent unit mix of (3) 1+1s, (1) 2+2, and a commercial unit. The Two bedroom Unit & Commercial Unit have an Amazing Ocean View. There is tremendous upside potential by increasing the residential rents on the 1+1s. And when leases turn, have the tenants pay their own electric bill. The building is separately metered, however the Owner did not take advantage of this and is paying for everyone's electricity. REQUEST OFFERING MEMORANDUM FROM BROKER.

Price History
9/10/2020 Listed $4,995,000
10/15/2020 5% - $4,780,000

General Features

Attached Structure Detached
Community Features Biking, Curbs, Gutters, Suburban
Directions Coast Hwy and Legion St.
Garage Spaces 3.00
Levels One
Listagentaor Orange County
Listing Agent John Gessford - BRE#01137479
Listing Agent State License 01137479
MLS Area LV - Laguna Village
Number of Units Leased 5
Pool Features None
Price Per Square Foot 1193.51
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Subdivision Name The Village (VIL)
Subdivision Name The Village (VIL)
Total Units 5

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features Electric Dryer Hookup, Gas & Electric Dryer Hookup
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 1

Exterior Features

Building Area Total 4005.00
Lot Features 6-10 Units/Acre
Lot Size Acres 0.1317
Lot Size Area 5737.0000
Lot Size Source Assessor
Lot Size Square Feet 5737.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 5
Number of Separate Gas Meters 5
Number of Separate Water Meters 1
Total Parking 3.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92651

Price
AVG $4.75M
$4.78M
Visits
AVG 159
362
Year Built
AVG 1959
1965

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